To review the powers, structure, composition and procedures of the financial services regulatory authority, and to advise on measures necessary to implement relevant international standards; To review the current legal provisions relating to the supervision of domestic banks (and other key financial institutions), advise on appropriate amendments, and recommend operational practices to ensure effective implementation; To assess the structure of the offshore banking sector, examine the regulatory practices and resources, and advise on: (i) the implementation of an effective supervisory regime in the local context; and (ii) necessary amendments to the Offshore Banking Act to support a regime that complies with international standards; Review the anti-money laundering and combating the financing of terrorism legislation and advise on: (i) the adequacy of the current legal provisions, and revisions required to support a legal framework that complies with international standards; and (ii) the supervisory arrangements necessary to ensure proper compliance by domestic and offshore financial institutions (including insurance companies).
Examinar la legislación relativa a la lucha contra el blanqueo de dinero y la relativa a la lucha contra la financiación del terrorismo y formular recomendaciones sobre: i) la adecuación de las disposiciones jurídicas vigentes, y las revisiones necesarias para prestar apoyo a un marco jurídico que acate las normas internacionales, y ii) las disposiciones de supervisión necesarias para garantizar la debida observancia por parte de las instituciones financieras nacionales y extraterritoriales (incluidas las empresas de seguros).